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you talk about the fiscal cliff you had earlier in the show. many of our families are facing a fiscal cliff. the biggest fight, the biggest organization leading the fight to help working families has been the unions. that's been the equalizer. we know the top six states in unemployment are right-to-work states. so what are we doing in this economy to promote? what is the governor doing and the republicans to help grow the economy? it's got nothing to do with right to work. you're going to drive more people into poverty. it's senseless in every way. and of course, it's very underhanded as you said, the way they're going about it with no debate. >> they are doing this in a lame duck session. >> that's correct. people are out shopping, thinking about the holidays. and they're trying to do this in just a matter of days. they have suspended the rules and violated their own rules. not allowed any public debate. the speaker of the house has the temerity to say oh, this has been debated for years in michigan. bull. let's talk about right to work. let's
you talk about the fiscal cliff you had earlier in the show. many of our families are facing a fiscal cliff. the biggest fight, the biggest organization leading the fight to help working families has been the unions. that's been the equalizer. we know the top six states in unemployment are right-to-work states. so what are we doing in this economy to promote? what is the governor doing and the republicans to help grow the economy? it's got nothing to do with right to work. you're going to drive...
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bernie sanders joins us to talk about what that means for the future. >>> and fiscal cliff talks. stay with us. you're watching "the ed show" on msnbc. low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-2550 in their respective lipper categories. tdd#: 1-800-345-2550 call 1-800-4schwab tdd#: 1-800-34
bernie sanders joins us to talk about what that means for the future. >>> and fiscal cliff talks. stay with us. you're watching "the ed show" on msnbc. low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#:...
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. >>> and of course fiscal cliff talk. stay with us. you're watching "the ed show" on msnbc. ♪ the weather outside is frightful ♪ ♪ but the fire is so delightful ♪ nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow >>> unemployment hits a four-year low, but republican obstruction is keeping the country from creating even more jobs. we'll bring you the latest numbers and i'll ask david cay johnston why now is the time to focus on job creation. >>> and the supreme court will hear two landmark cases on same-sex marriage. we'll get the details from constitutional law professor jonathan turley later on in this hour. share your thoughts on facebook and twitter. using the #theedshow. we'll be right back. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and
. >>> and of course fiscal cliff talk. stay with us. you're watching "the ed show" on msnbc. ♪ the weather outside is frightful ♪ ♪ but the fire is so delightful ♪ nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow >>> unemployment hits a four-year low, but republican obstruction is keeping the country from creating even more jobs. we'll bring you the latest numbers and i'll ask david...
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if we all end up diving off this fiscal cliff, it doesn't make the deficit worse. it makes the deficit better. it would go a long way toward curing the deficit, but the deficit isn't the immediate problem for most people, the weak economy is. >> i agree. >> and if we dive off the fiscal cliff, the economy could get much weaker. that's -- >> by the way -- >> -- millions of americans. it's a problem for barack obama. >> just to back you up, i really think the great thing is the economy is just starting to lift up. the unemployment rate is really starting to come down. we're getting good job production. thank you so much, ladies, for coming on tonight. thanks for the sharp thinking we >> just to back you up, i really think the great thing is the economy is just starting to lift up. the unemployment rate is really starting to come down. we're getting good job production. thank you so much, ladies, for coming on tonight. thanks for the sharp thinking we got tonight. >>> up next, if you can't win by the rules, change them. that's what republicans are trying to do in penn
if we all end up diving off this fiscal cliff, it doesn't make the deficit worse. it makes the deficit better. it would go a long way toward curing the deficit, but the deficit isn't the immediate problem for most people, the weak economy is. >> i agree. >> and if we dive off the fiscal cliff, the economy could get much weaker. that's -- >> by the way -- >> -- millions of americans. it's a problem for barack obama. >> just to back you up, i really think the great...
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these new job numbers, does this give the president a better position on the fiscal cliff talks? >> i don't think it changes very much. it's part of a continuing trend we've seen over the last three or four years, very steady but moderate job growth. i think as time passes clearly the president is holding the cards. his leverage becomes greater and greater. it's interesting speaker boehner canceled one day of business. he's already canceled one day of business next week. i think what he's trying to do is get his members out of town, out of washington so they can't coalesce under a strategy to undermine what he's doing. i think he's seriously looking through this. >>> let's listen to what he said during a press conference yesterday. this is speaker boehner. >> even if the president got the tax rate hike he wanted, understand we would continue to see trillion dollar deficits for as far as the eye can see. >> listen, washington has got a spending problem, not a revenue problem. >> does the speaker have a point? >> well, not really. we do have a revenue problem. revenue is at the low
these new job numbers, does this give the president a better position on the fiscal cliff talks? >> i don't think it changes very much. it's part of a continuing trend we've seen over the last three or four years, very steady but moderate job growth. i think as time passes clearly the president is holding the cards. his leverage becomes greater and greater. it's interesting speaker boehner canceled one day of business. he's already canceled one day of business next week. i think what he's...
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in good news and in perfect news but the truth is consumer confidence and the fiscal cliff talk could say have something to do with all of it. >> no doubt about it new survey out from reuters, michigan in early december we saw consumer sentiment drop to the lowest level that we have seen since august. that suggests, according to analysts that the increased taxes they are expecting from this fiscal crisis is weighing on consumer spending right now. the other side of this though, of course, is vice president biden went to a diner today to talk to some middle class folks and he basically said he has been talking to business leaders to say the converse of this is if there is a fiscal deal business leaders tell him the economy will be unleashed. take a listen. >> the upside is even bigger than the downside. they are ready to move they have well over a trillion dollars out there continue to vest if they think that the economy is going to move. >> and i have been talking to officials in both pears who say that has been the most surprising thing to leaders in washington here in private is tha
in good news and in perfect news but the truth is consumer confidence and the fiscal cliff talk could say have something to do with all of it. >> no doubt about it new survey out from reuters, michigan in early december we saw consumer sentiment drop to the lowest level that we have seen since august. that suggests, according to analysts that the increased taxes they are expecting from this fiscal crisis is weighing on consumer spending right now. the other side of this though, of course,...
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thank you for the update and more on the fall out in of the looming fiscal christ u cliff. there will be no deal without tax increases . art lakker former member of the reagan advisory board said it is not good economics and it will contribute to more lay offings. he predicts despite the protest, the gop will lose and the president will make good on his promise. >> we want higher tax rates on the higher income earners and that the worst place to raise tax rates. they are employers and purchasers and they're the job creators and the last people you want to provide disincentives. the president will want it and giveget it and win the battle on the higher income people. >> you think that the gop will cave in. >> on this issue they have to . the gop, forgive me, uma. i am nolt an expert. i would like to see them passlet tax bill and extend it for people under $250,000 . extend the tax cuts for over $250,000 as well. in two separate bills and the democrats take full responsibility for the tax increases and they will own the bad economy of 2013 and 14 . the republicans can change
thank you for the update and more on the fall out in of the looming fiscal christ u cliff. there will be no deal without tax increases . art lakker former member of the reagan advisory board said it is not good economics and it will contribute to more lay offings. he predicts despite the protest, the gop will lose and the president will make good on his promise. >> we want higher tax rates on the higher income earners and that the worst place to raise tax rates. they are employers and...
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and that leads you back to the negotiations over the fiscal cliff. and i think this raises the pressure to get a deal done. that's important. and the part of the deal that is actually not being talked about, but which will be central, is the spending side. the sequester is a very bad policy. both sides agree it needs to go away. they have to figure out how. and the tax side has to be matched by entitlent reforms, and you can pick 37 if you have the right entitlement reforms, but only 36 if you have less and you could get 38 if you have more. there's a lot of work left to be done. >> let's talk about that, robert. on the spending side. do you think that there's any way the democrats get out of this over the next 18 or 24 months without really addressing spending and probably annoying a lot of their base in the process? >> well, the president has already put a lot of spending cuts on the table. let me partially agree with doug. the employment report today was, although it looked pretty encouraging if you look at the numbers underneath the numbers, it w
and that leads you back to the negotiations over the fiscal cliff. and i think this raises the pressure to get a deal done. that's important. and the part of the deal that is actually not being talked about, but which will be central, is the spending side. the sequester is a very bad policy. both sides agree it needs to go away. they have to figure out how. and the tax side has to be matched by entitlent reforms, and you can pick 37 if you have the right entitlement reforms, but only 36 if you...
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. >> the clock is winding down toward the fiscal cliff. once considered an untouchable third rail, changes for social security and other so called entitlementeds are now being seriously discussed. >> we really have not begun to talk about real entitlement reforms. the only way to have a true avoidance is to mix an appropriate amount of revenues with true retirement reform. until the debate moves to that point, there's really no serious debate taking place. squeezing out savings from social security by changing the way inflation is calculated and possible means testing that could disqualify wealthier, older americans from the medicare program. lawmakers insist any changes will be done gradually and will not impact current retirees. but that's not soothing the fears of senior who is say inflation adjustments will have an immediate impact. >> to tell someone who's living on social security, one out of every flthree relies on just social security for their income, to tell them i'm sorry, we're going to have to cut back your benefits, that does
. >> the clock is winding down toward the fiscal cliff. once considered an untouchable third rail, changes for social security and other so called entitlementeds are now being seriously discussed. >> we really have not begun to talk about real entitlement reforms. the only way to have a true avoidance is to mix an appropriate amount of revenues with true retirement reform. until the debate moves to that point, there's really no serious debate taking place. squeezing out savings from...
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but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in the damascus suburbs today, while 29 more were killed around the country. meanwhile, the u.s. and other off
but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're...
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. >> in terms of the fiscal cliff, so far we are not seeing any big impact. >> reporter: not even an impact on retail which, for all the talk of online supplanting bricks-and-mortar buying, added 53,000 jobs last month-- much of it holiday hiring, no doubt-- but a healthy 140,000 overall increase in the past three months. not all the new numbers were festive, however. construction shed 20,000 jobs, though perhaps influenced by sandy. manufacturing dropped 7,000. grinchier still, job growth in september and october was revised down by 49,000 jobs. and for all the talk of a lower unemployment rate, its explanation seemed to be that several hundred thousand more americans stopped looking for work in november and were counted out of the labor force. again, economist holtzer. >> this month's change was driven completely by the fact some people stopped looking. last month's drop in unemployment really was driven by people becoming employed. the fact the unemployment rate has dropped from over 10% over the last two or three years part of that is real job gaining by some people and part of t
. >> in terms of the fiscal cliff, so far we are not seeing any big impact. >> reporter: not even an impact on retail which, for all the talk of online supplanting bricks-and-mortar buying, added 53,000 jobs last month-- much of it holiday hiring, no doubt-- but a healthy 140,000 overall increase in the past three months. not all the new numbers were festive, however. construction shed 20,000 jobs, though perhaps influenced by sandy. manufacturing dropped 7,000. grinchier still, job...
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about the fiscal cliff. and so i think that again there are a lot of people that want to contribute. they know that there should be shared sacrifice. they realize that we cannot do this on the backs of our elderly, poor people and those in the middle class and those trying to get to the middle class on the backs of students. and i think they're saying, you know what? we can pay more because we want to do something that is good for our country. and hopefully that message will get through to the republicans and indeed the tea party folks. >> but if the ultimate goal here, sir, is to cut the national debt and sometimes people lose sight of that in the discussion here, the gop says the dems are just offering more spending and little in way of cutting. are democrats willing to give at all on entitlements? >> keep in mind, yes. and the president has made it clear. but we've got to look very carefully at the entitlements and realize that something like medicare, medicare right now you've got a situation where there
about the fiscal cliff. and so i think that again there are a lot of people that want to contribute. they know that there should be shared sacrifice. they realize that we cannot do this on the backs of our elderly, poor people and those in the middle class and those trying to get to the middle class on the backs of students. and i think they're saying, you know what? we can pay more because we want to do something that is good for our country. and hopefully that message will get through to the...
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with the countdown to the fiscal cliff at 24 days, the "washington post" reporting today that federal agencies are sharpening their plans before spending cuts, layoffs, fur lows and just general old down sizing. all if president obama fails to strike a deal, which i believe is increasingly likely. let's brung in distinguished fellow at the heritage foundation, form congressman old friend. ernie, i'm not shedding any tears over this. i think these fur lows and layoffs and downsizing is just what they need. >> i understand that the labor department report which came out today shows that 73% of the new jobs created since june are government jobs. we have 20 million people working for government at the federal, state and local level right now. and i can't tell you the exact mix between federal, state, local, but i do know that a huge number of the people who are on t payrolls are actually getting the money for those programs from the federal government. so the federal government should stop subsidizing states and cities and for that matter should not be putting extra burdens upon them wit
with the countdown to the fiscal cliff at 24 days, the "washington post" reporting today that federal agencies are sharpening their plans before spending cuts, layoffs, fur lows and just general old down sizing. all if president obama fails to strike a deal, which i believe is increasingly likely. let's brung in distinguished fellow at the heritage foundation, form congressman old friend. ernie, i'm not shedding any tears over this. i think these fur lows and layoffs and downsizing is...
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in terms of the fiscal cliff, higher taxes on everybody. one thing that will happen without an agreement, all the bush tax rates go away, so everyone's taxes are going to go up. you'll see that emphasized over the next couple weeks. you'll hear the white house talk about what a bad situation there will be after january 1 if this deal is not cut. >> david jackson, "usa today," shira toeplitz, "roll call." we appreciate your time so much we'll talk to you later in the hour as well. >> thank you. >>> the last remaining house race of the 2012 election cycle is pabt to come to a close. in louisiana, republican congressman charles boustany jr., jeff landry facing off in a runoff election. they were forced to run in the same district in bayou because of the state's shrinking congressional delegation. both conservative republicans, landry a tea party freshman. we'll keep you abreast of what happens. >>> meanwhile, high drama about to surround the high court as the justices agree to take on the high-stakes issue of same-sex marriage. ♪ >>> the man
in terms of the fiscal cliff, higher taxes on everybody. one thing that will happen without an agreement, all the bush tax rates go away, so everyone's taxes are going to go up. you'll see that emphasized over the next couple weeks. you'll hear the white house talk about what a bad situation there will be after january 1 if this deal is not cut. >> david jackson, "usa today," shira toeplitz, "roll call." we appreciate your time so much we'll talk to you later in the...
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thank you very much. >> allyson schwartz of pennsylvania talked about the fiscal cliff and other democrats and republicans will reach a compromise before the deadline and other issues on the agenda. this is 45 minutes. >> thank you. let me introduce the moderator of the program. he is the editorial director of national journal and the atlantic. he oversees the political coverage coming out of our company. he is regularly on cnn and major cable networks. he is the most astute analyst in washington political analyst. we have had changes in the program. jean could not at the last minute make it today. apparently there is a meeting going on right now. maybe it is productive. maybe not. but we do have congresswoman allyson schwartz from pennsylvania who served on the ways and means committee in the house and now the budget committee. she has become a really big deal. we are happy to have you with us. >> thank you. jean was some of the way for a meeting which may or may not be good news on the fiscal cliff. i am hoping this is a little less than the panel i moderated last week. we were in the mi
thank you very much. >> allyson schwartz of pennsylvania talked about the fiscal cliff and other democrats and republicans will reach a compromise before the deadline and other issues on the agenda. this is 45 minutes. >> thank you. let me introduce the moderator of the program. he is the editorial director of national journal and the atlantic. he oversees the political coverage coming out of our company. he is regularly on cnn and major cable networks. he is the most astute analyst...
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what fiscal cliff? congress apparently would rather talk about elvis. frankly, i would, too. tell you that story coming up. ♪ everybody let's rock. r stayin? yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. and he has already killed tens of thousands bashar assad is ramping up chemical arsenal. dick cheney says the white house doesn't care. >> the president can make bold statements and bold talk as he did in the last couple of days about developments in syria. but i don't think they care. >> more from the former v.p. coming up. >> plus, it's the most watched video on the internet and set to perform for the president. wait until you hear what he said about our soldiers gangnam style. >> "fox & friends" hour three starts right now. >> >> welcome into "fox & friends
what fiscal cliff? congress apparently would rather talk about elvis. frankly, i would, too. tell you that story coming up. ♪ everybody let's rock. r stayin? yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's...